All of the following are normally considered liquid assets of a company EXCEPT
A) accounts receivable.
B) inventory.
C) notes receivable.
D) short-term investments.

Question

Quizplus · Accepted Answer

Inventory is not considered a liquid asset as it may take time to sell and convert into cash. The other options (accounts receivable, notes receivable, and short-term investments) are generally easier to convert into cash quickly.

All of the Following Are Normally Considered Liquid Assets of a Company